Studio · 500 sqftLoreto 3B, Damac Hills · 6th floor · completed 2017

B605, Loreto 3B

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B605 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 560K21 November 2024
Current rentAED 50K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B605, Loreto 3B

What is B605 worth today?

Last sold for AED 560,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
1 Mar 2025RentedNew contract
AED 48,239/yr6 months · AED 97 per sqft
21 Nov 2024SoldReady
AED 560,000AED 1,119 per sqft
29 Feb 2024RentedRenewal
AED 34,100/yr12 months · AED 69 per sqft
1 Mar 2023RentedRenewal
AED 31,089/yr12 months · AED 63 per sqft
1 Mar 2022RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
1 Mar 2021RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
1 Mar 2020RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
6th of 9
Parking
T6-LP1-23
Developer
DAMAC
Completed
2017
Service charge
AED 5,300 /yr
Last sold
AED 560K · November 2024
Building
Loreto 3B

About B605, Loreto 3B

B605 is a studio of 500 sqft on the 6th floor of Loreto 3B, a 9-storey tower in Damac Hills completed in 2017 by DAMAC. It last sold on 21 November 2024 for AED 560,000, or AED 1,119 per sqft, 7% below the AED 1,197 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 July 2026, is AED 50,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for B605 over time

Sales
Unit B605, each saleTypical studio in Loreto 3B
600K800K20142017202020232026Typical sale price by year: 2014 AED 697,300; 2015 AED 679,250; 2017 AED 796,000; 2024 AED 515,000; 2025 AED 640,000Sold by developer, December 2014: AED 752,400 (AED 1,503 per sqft)Sold, November 2024: AED 560,000 (AED 1,119 per sqft)

B605 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B605, each contractTypical studio in Loreto 3B
40K2018202120242027Typical rent by year: 2018 AED 36,000; 2019 AED 33,000; 2020 AED 29,459; 2021 AED 25,846; 2022 AED 30,400; 2023 AED 33,300; 2024 AED 36,000; 2025 AED 39,000; 2026 AED 44,100New contract, March 2019: AED 35,000 a yearNew contract, March 2020: AED 33,000 a yearRenewal, March 2021: AED 29,000 a yearRenewal, March 2022: AED 29,000 a yearRenewal, March 2023: AED 31,089 a yearRenewal, February 2024: AED 34,100 a yearNew contract, March 2025: AED 48,239 a yearNew contract, July 2026: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Loreto 3B, and where B605 sits

All 25 studios →

B605 last sold in November 2024 at AED 1,119 per sqft, 7% below what studios in Loreto 3B were fetching at the time (AED 1,197). Over the last 12 months studios sold for AED 605,000 to 640,000, around AED 1,108 per sqft, and rent for AED 35,000 to 60,000 a year. B605's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Jul 2026605,000
11 Nov 2025640,000
27 May 2025800,000
17 Apr 2025540,000
2 studio sales in the last 12 months

Loreto 3B

Building

84 apartments, studios to 3-bed over 9 floors in Damac Hills, completed in 2017 by DAMAC. 7 sold in the last 12 months.

Typical price per sqft
AED 1,156
Typical sale
AED 1.25M
Typical rent
AED 74K /yr
Typical yield
7.8%
Loreto 3B, Damac Hills: prices, sales and rents →

Other units on the 6th floor

All 84 units in Loreto 3B
Value
B6011-bedAED 1.84M · Jan 2015
B6022-bedAED 1.73M · Feb 2019
B602BStudioAED 560K · Aug 2014
B6031-bedAED 1.01M · Feb 2026
B604StudioAED 728K · Sep 2014
B606StudioAED 774K · Jan 2015
B6071-bedAED 940K · Jan 2025
1–7 of 12

B605, Loreto 3B in numbers

  • Sold twice: first on 4 December 2014 for AED 752,400, last on 21 November 2024 for AED 560,000 (AED 1,119 per sqft).
  • Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 29,000 in 2022 and recovered to AED 50,000 by July 2026.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 5,300 a year (AED 10.63 per sqft).
  • Studios in Loreto 3B sold for AED 605,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 1,156 per sqft.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about B605, Loreto 3B

What did unit B605 last sell for?

AED 560,000 on 21 November 2024: AED 1,119 per sqft for 500 sqft. The unit has 2 registered sales; the first was AED 752,400 in December 2014.

What is the rent for unit B605?

AED 50,000 a year on the contract signed on 1 July 2026. The previous contract, from March 2025, was AED 48,239; the unit has been rented since March 2019.

How big is unit B605?

500 sqft (46.5 sqm): a studio on the 6th floor of a 9-storey tower completed in 2017.

What is unit B605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Loreto 3B sold for AED 605,000 to 640,000 in the last 12 months, around AED 1,108 per sqft.

Selling B605? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B605, Loreto 3B

Starts from the last sale price (AED 560K, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →